Newspapers / Henderson Daily Dispatch (Henderson, … / Feb. 27, 1933, edition 1 / Page 1
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' HENDERSON, gateway TO CAROLINA. TwSTtieth YEAR Backfire From Sales Tax is Minimizing Sentiment For Eight Months School s,lies Tax Supporters Tied in Longer School Term In Hope of Putting Levy Over THOUGHT PROPERTY TAX CUT WAS BAIT looked Like Sure; Winner at First, But Merchants, Newspapers and Back- Home Polks Became Aroused and Changing Sentiment Was the Result Daily DlM|iat<-h Bnr.*n*», In the Sir Walter Hotel. HY .1. C. HASKHHVILI.. Feb. 27. The backfire from ;| V . .sonUmcnt which has been stirred m against any form cf sales tax over ,)J P state is regarded as having vir ,lia:ly knocked the State-supported , 'hi months school term plan into a ockmt hat. according to observers licit' Up to a week ago the enactment ( f a Statewide eight months school , cr m supported by the State as well as a sales ‘ax of some sort to provide the necessary revenue, was regarded ns virtually' certain. But since the I loir c Finance Committee vuted 24 t„ l against making provision for an jjght months term in the revenue bill, which, is also interpreted as being a vote against any form of sales tax it is regarded as extremely doubtful if the backers of the eight months school plan can put it over in the present General Assembly. Resorted to Combination. Ii is generally conceded that the hackers of the sales tax movement de cided io tie the schools in with it and link it up with the movement for an eight months school term in the belief that this would help put over ;i ales tax. especially a general sales tax. They thought that the amount of p’vpcrty tax reduction that would re : ult from he removal of the special taxes for extended term schools would prove so attractive that the property owners would back a general sales tax tContlnued on Paße Five.) Comparison Os 2 Forms Os Taxation One Percent Produc tion and Two Per cent Sales Taxes ield About Same Dully DlN|»iitcli ltnre;«n. In the Sir Walter Hotel. BY J. C. BASKERVILL. Htlcigh, Feb. 27.—0 n the basis of ' :itr ’i available figures of retail sales •nd Hie value of manufactured pro (l|,cts in North Carolina, which are statistics of the U. S. Department "f Uommercc for 1929, there would be <' rnparni ivcly little difference in the mouni of revenue raised by a two rerceni general sales tax and a one percent production tax. according to :i ‘inaysis furnished by the Depart - 31101,1 of Conservation and Develop nicni at ihe request of Senator Cle nici,f. of Rowan, author of the pro duction lax bill. Yield On 1929 Basis. A- ales lax, along the lines recent tecommended by the sub-finance fi-tnmittee, would have yielded $13,- f,| )8,380 in 1929, while a one percent fContinued on Page Five.) Fight On Appropriations To Precede Revenue Bill tto»h House and Senate Expected To Tear to Pieces Whatever Measure Committee May Report; Budget Commission’s Proposal May Be Followed Closely Dully Dinpnti'h Burenn, In lli«* Sir Walter Hotel, nv J. C. HASH KH VI 1,1,. Haleigh, Fob. 27. —With uae House Senate Finance committee dead )clted over the eight months school t Crm Plan and over whether or not '' recommend some form of sales tax, indications are arw that the gen c ’ appropriations bill will be report- to *he House ahead of the re 'X: hill, ft j S a ] so expected that a wil develop over appro - •X' ions as a result of the sharp di 1 - 1 ns of sentiment with regard to a / Hendc-ro • 53 atly Hispatch ONLY DAILY NEWSPAPER PUBLISHED IN THIS SECTION CAROLINA AND VlftlNlA. ~ * VR raL leased wiki 5ervice”77777777111 ■ -v —t— l ■ * _ FULL LBIASED WIRE HERVirm OF THE ASSOCIATED PREsf. New Budget Director Lewis Douglas One of the most important posts in the Roosevelt administration will go to Lewis Douglas, above, 39-year-old representative from Arizona, who has been named di rector of the budget. To him will fall the huge task of making ends meet in Uncle Sam’s depleted treasury. iMstcelrT DURING WEEK UPON ASSEMBLY PROPER Flood of New Bills Is Check ed, and Most Commit tees Are Given Breathing Spell MONEY COMMITTEES HAVE PLENTY TO DO Eight Months School Bill Expected To Be Disposed of In Senate This Week; Prison-Highway Merger to Get Attention in the Lower House Daily Dismilch Bnrean, In the Sir Waller Hotel. I«Y HENRY LKSESNE. Raleigh, Feb. 27.—While the finance and appropriations committees of the General Assembly are still swamped with wot::, the other committees are enjoying a breathing spell due to slackening in the steady flow of new bills, with the result, outside of the •problem of budget-balancing, legis lative interest will center this week on what the House and Senate do with their congested calendars, rather (Continued on Page Four.) In fact, one of the principal reasons the finance committees are unable to agree, on a revenue bill and go ahead w*ith re-writing it again, is the un certainty in the minds of the mem bers of these committees over what the House and Senate will do about the appropriations bills. So far, these committees have been trying to write a revenue bill that will yield an amount of revenue equal to the sum total of the appropriations as ap proved. by the appropriations commit tees. This is the usual procedure, since (Continued on Page Four). HENDERSON, N. C., MONDAY AFTERNOON, FEBRUARY 27, 1933 Roosevelt Names Ickes And Swanson To Cabinet Virgini an To Head Navy Department and Ickes Interior; Five Others Already Os ficially Announced, Leav ing Only Three As Yet Unnamed Hyde Park, N. Y-, Feb. 27.—(AP)— President-elect Roosevelt added two more names to his cabinet today. Sen ator Claude A. Swanson, of Virginia, a secretary of the navy, and frarold Ickles, of Illinois, as secretary of the interior. He had previously announced ap pointment of five other members of the cabinet. Other cabinet members officially announced thus far are: Secretary of State, Cordell Hull, of Tennessee. Secretary of the Treasury, Wil liam 11. Wood'ln, of New York- Secretary of War, George H. Dorn, of Utah. Secretary of Agriculture, Henry A. Wallace, of lowa.. Postmaster General Janies A. Farley of New York. This leavves three posts in the cab Congress Getting Ready To Adjourn Cermak Condition Is Causing Alarm Miami, Fla., Feb. 27 (AP)—Phy sicians became deeply cificerned to day (oveir the condition of Mayor Anton j. Cermak, of Chicago, wounded by an assassin’s bullet be cause of the pneumonic citidition of his right lung. Mayor Cermak was shot Febf ruary 15 when Guiseppe Zangara fired wildly into a reception com mittee for President-elect “Franklin IF. Roosevelt at Bay Frtvit Park here in an attempt on Mr. Roose velt’s life. Dr. Karl Meyer, Chicago heart specialist, a»d one of five doctors attending the mayoF said the hop© of his physicians for recovery had been lessened l»y the appearance of pneumonia. DRIVE MoTe™ L Hope To Occupy Capital City By March 10, Anni versary of Mukden (By the Associated Press.) Encouraged by the success of their campaign so far, Japanese officers at Chinchow hope to occupy Jehol City, the capital of the Chinese province of that name, by March 10. This date is the anniversary of the battle of Mukden in the Russo-Jap anese war. Japanese and Manchukuoan combin ed forces continued driving deeply in to Jehol territory with their cam paign aimed at four objectives, all within 100 mles or less of Jehol City. The advancing forces met strongest tresis tance at Shamoshan, 100 miles least of the capital, and 15 miles in side the borders of the province, twhere the 14th infantry bridgade of Major General Heijiro Hattori was ad vancing. Lingyuan and Chihfeng, latest dis patches said were bombed by Japan ese airplanes. Japanese sources claim -1,000 Chinese kiled at the former place HULL’SIECIN i Men of Both Political Creeds f Commend New Secre tary of State By CHARLES P. STEWART Central Press Staff Writer Washington, Feb. 27.—1 f a prize were to be offered for the best all around public man of today —ability, experience, integrity and charm of (personality alike entering into the reckoning—lt is 2-to-l betting that Secretary of State-designated Cordell Hull would win on points, with his long-time associates in both houses of congress, regardless of party lines, acting as judges. The unusualness of this unanimity in good opinion, toward an individ ual in high political office may not ibe generally appreciated. I doubt that any other selection, President-elect Roosevelt might have made for the post of cabinet premier (Continued in Page Four.) inet still to be officially announced, although it is generally bcieved that the, attorney genera wil be Senator Thomas J. Wash, of Montana; secre tary of commerce. Daniel C. Roper, of South Carolina; an dthe secretary of labor, Miss Frances' Perkins, of New York. Senator Swanson is an authority on naval affairs- He is one of the staunchest preparedness advocates on Capitol Hill. At the same time he is 'an advotte of international agree ment for limitations of armaments and a member of the American arms •delegation. Mr. Ickles is a awyer and has been identified more or less w'th tne Re publican independent group. He has (been, associated with Senator Johnson, Republican, California, in past politi cal activities. Senate and House Trying to' Smooth Out Differences on Many Bills r Washington, Feb. 27. —(AP) —ln an effort to dispose of its accumulated business by March 4, Congress today busied itself with a number of reports made by conference committees seek ing adjustment of Senate and House differences on legislation. Wfriile the House acted on such mea sures, the Senate took up the Hull- Walcott mortgage foreclosure mora torium bill. The body laid aside the measure, after strong opposition made it appear the measure could not pass this session. Meanwhile, the Senate Banking Committee continued its inquiry into the stock selling activities of the Na tional City Bank of Ne } w York, and its affiliate, the National City Company. Hugh B. Baker, who resigned today as president of the affiliate company, was the witness- On the same side of the Capitol the finance committee re sumed its quest for information on how to help the times. Among those whose views were received was Dick Smith, managing editor of the Kansas City Journal-Post. The House refused to recede from its position giving president-elect Roosevelt broad powers to reorganize the government, and sent the $960,000,- 000 Treasury-Post Office supply bili back to conference with the Senate. It talso declined to accept the Bratton amendment requiring all departments to cut by five percent next year. A little later the House adopted the partial conference report on the SIOO,- fCm»tinr.«d on Page Five.) PRISONER KILLED IN BREAK ATTEMPT Sacramento, Cal., Feb. 27 (AP) — 'On© prisoner whs shot and killed amd another wounded ttoday when several convicts at Olson penitentiary, armed with imitation guns, attempted to take chlarge of the admiinisl*ration build ing and effect a prison break. Another Big N. Y. Banker Quits Post Hugh Baker, Head of National City Co., Follows Mitchell to Retirement New York, Feb. 27.—(AP)—Hugh B. Baker today resigned as president of the National City Company, affiliate of the National City Bank. Baker’s resignation was accepted by the board of directors. Baker was one of the officials of the National City Bank organization who testified last week before the Senate committee investigating- gtofck market practices. His action followed the resignation of Charles E. Mitchell from the chair manships of the National City Bank, National City Company and others units of the group. WEATHER FOP. NORTH CAROLINA. Partly cloudy tonight; Tuesday increasing cloudiness; slightly warmer, followed by rain in ex treme west portions. Britain And France' Ready To Join United States In A Embargo On Arms Shipment As Norris Flayed Wall St. Web i *i\ ! Jr# /* £ & <" St M it *.• ** S' & . * flflf HI i V Vi WB fl| ts, - V l " JH ™ ■ —— v&Sm Here is the eight-foot chart useu by Senator George Norris, of Nebraska m a de br°hi ra ii bof ore the Senate Committee investigation on the stock ma Let how interlocking directorates make it possible for eight bankine TW ! * l 0n n ro i practically any corporation of any size in the U. S.” iViY ’’ T s L° f * he Senate chamber, said the fiery Nebraskan, wouldn’t hold a -.'ut showing ever} corporation and the manner in which it fits in the web. Hoover Urged To Back Cotton Bill Washington, Feb. 27.—(AP) — Three Republican senators repre senting cotton manufacturing cen ters today urged President Hoover to support the cotton plan em bodied in the bill by Senator Smith, Democrat, South Carolina. Hebert and 'Metcalf, of Rhode Is land, and Walcott, of Connecticut, called upon the President today and urged him to express his ap proval of the pending measure. It is designed to reduce cotton acre age 30 percent and give farmers options equal to the amount they would have grown had they not re duced their acreage. WINSTON BANK IS READY TO ASSIST Home Loan Institution To Give Priority To Appeals From Maryland W ; ns ton-Salem, Feb. 27. —(AP) — The Federal Rome Loan Bank of Win ston-Salem, serving the fourth dis trict, announced today that it had advised eligible Maryland institutions now closed in that State’s three-day hank holiday it is ready to give them immed’ate assistance if needed. The home loan bank sad it would give preferential consideration to re quests from Maryland members. It ad-, vised non-members in that State to file applications for membership at once, putting them in position to call for aid as soon as their applications are approved. NAZI TROOPS TAKE SOCIALISTS’ CLUB Beuthcn Germany, Feb. 27. —(AP) Nazi storm troopers today occupied the Socialist club house here and hoisted the Nazi flag- They declar ed. "We shall not leave the building alive.” AW ILL F*3 Rogers ’jays: Santa Monica, Cal., Feb. 27. — We never had a greater example of why there will always be war than we are having right now. Twenty-one nations of the league denounce Japan's Chinese inva sion. Also, the United States, while not a member also agrees with them. Now, ail in the world they got to do to stop it instantly is to agree not to trade with an ag gressor nation, meanpng Japan. But they won’t sacrifice their trade just to save bloodshed. The league has got the weapon to stop war, but try and get the nations to give up that trade. What’s a few thousand dead Chinaman compared to Japan as a cash customer? * Yours, WILL. PUBLISHED EVERY AFTERNOON EXCEPT SUNDAY, Hull Sees Lindsay On Economics Washington, Feb. 27. —(AP)—Cor- dell Hull, secretary of state in the Roosevelt cabinet, said after a con ference with the British ambassador today, that they had discussed “the questions of a program that would contemplate the revival of business each and every countrf, including our own ” As this was the first meeting with the British envoy, Sir Ronald Lind say, no “specific factors’’ were gone into in detail, Hull said. “It was a preliminary discussion, which did not go further than broad general economic conditions in Eng land and America and other countries to the extent they 'affected the peo ples in our respective counties to gether with more or less discussion of the most fundamental remedies for [business recovery,” Hull said. Co-Defendant With Sen. Davis Pleads Guilty in Lottery New York, Feb. 27.—(AP)— Bernard C. McGuire, Professional promoter, pleaded guilty today in in the Loyal Order of Moose Fed eral lottery case in which he was co-defendant with United States Senator James J. Davis, of Penn sylvania. Trial of Davis and two other fendants was put over until nert Monday on request of Defense At torney diaries H. Tuttle, who told the court was engaged in another case- Judge Johnson J. Hayes, of North Carolina will nreside at the re-t rial of Davis when it begins next week. Ford’s Millions Thrown Into New Detroit Banks (By the Associated Press.) Out of the banking holiday in Michigan had come today the nucleus of two new Detroit banks, backed by the millions of Henry Ford. In Ohio 20 banks in three cities— Cleveland, Akron and Dayton—clamp ed down on withdrawals in anticipa tion of emwergency banking laws to erlieve a situation aggravated, accord ing to Ohio bankers, by the emergency in Michigan. Governor Rdtchie, of Maryland, where a bank holiday has been de clared pending action by the legisla ture to protect the interests of banks and the public sought today the ad vice of “representative citizens” con 6 PAGES TODAY FIVE CENTS COPY woSgmnt Rules Committee Declines Foreign Affairs Chair man in His Request For Hearing FRANCE READY TO JOIN U. S.-BRITAIN Will Forbid Shipment Os War Equipment to Fa r East If Other Big Nations Will Do Same Thing; High Government iQuart ers State French View Washington, Feb. 27.—(AP)— The House Democratic leadership today blocked action of President Hoover’s arms embargo proposal. Although approved by the House Foreign Affairs Committee, the rules committee declned Chairman Mcßey nolds’ request for a hearing and Speaker Garner said today he would not permit the proposal to be brought up under a suspension of the rules. FRANCE READY TO INVOKE EMBARGO IF OTHERS WILL Paris, Feb. 27.—(AP)—France is ready to participate in an arms em bargo proposed by the League of Na tions cf nations for the Far East provided the United States and Great Britain also participates, it was learn ed today in high government quar ters- BRITAIN AND FRANCE TO STOP SOUTH AMERICA ARMS Geneva, Feb. 27 (AP)—The British (Continued on Page Four), Vance Gets sl6,oooSum For Relief $9,000 for March anti $7,000 for April from Latest Federal Credit : Raleigh, Feb. 27.—(AP)—Allotment of Federal relief funds to the State'» 100 counties for March and April were announced today by the governor’s of fice of relief, with Guilford ant Mecklenburg counties topping the list Guilford will get $60,000 each month while Mecklenburg was given $60,009 for March and $55,000 for April A total of $1,071,000 was allowed for March, and $947,000 for April. This amounted to $2,018000 with $20,000 of the loan of $2,038,000 granted the State iby the Reconstruction Fin?r’~r Cor poration Saturday being withheld to meet admmistrativev exncn os and •any emergency which might arise. North Carolina has been granted $5,074,000 by the Reconstruct ion Cor poration for relief work since last fall. county was allotted $9,000 for March and $7,000 for April; Warren, SB,OOO each month; Franklin, $12,000 and $8,000; and Granville $9,000 each, month. cerning legislation to be enacted. Indianapolis banks opened today with withdrawals restricted to five percent of the customers’ depsoit. The restrictions is “until further notice ” and was invokde, a statement by the clearing house explained, because of “unusual withdrawals for other than usual or business needs.” The new Detroit banks, whose capi tal will consist of $8,250,000 furnished by Mr. Ford and his son, Edsel, ate expected to open for business Wed nesday. They will be built from the liquid assets of the First National Bank and the Guardian National Bank of Commerce, whose depositors w'Jl be able to receive immediate’y about 30 percent of their deposits.
Henderson Daily Dispatch (Henderson, N.C.)
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Feb. 27, 1933, edition 1
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